Correlation
of % moves
-2%
In sync
of periods
27%
History
monthsmonths · through 2026-04
60
These move opposite each other about 27% of the time
Their swing sizes barely line up — almost no shared pattern.
Strong enough to use as a signal — check the stability and regime notes below before relying on it.
Both lines start at the same point — easy to compare when growth rates are similar.
What to Watch
Slipping looser
The recent pattern is looser than its long-run baseline — keep an eye on whether this sticks.
EVRG moves ~16 months before Aaa Corporate Bond Yield
Watch EVRG for an early read on Aaa Corporate Bond Yield.
Swings around
Their relationship swings around — sometimes tight, sometimes loose. Don't trust a single snapshot.
Explore
Advanced
Statistics
In sync(i)
27.1%
Headline metric
Movement correlation(i)
-2%
Based on % moves
95% CI
-27% → +24%
Pipeline
Pipeline Summary
60 paired data points survived the monthly window.
Raw input
1,254
1,288
Normalized
1,254
1,288
Prepared
61
1,288
Aligned
60
60
Invalid removed
Likely range of correlation
R²(i)
0.0%
Variance explained
Significance
n.s.
Statistical confidence
Data points
60
Thin
Time-Shifted Correlation
See how correlation changes when one series is offset in time. A taller bar at a non-zero shift means the two move together better when one leads the other — that's a potential lead/lag signal.
Correlation by shift
Click a bar to inspect. Range: -18 to 18 months.
Selected shift
+16 months
Correlation at this shift
-60%
+58% stronger than no-shift baseline
Aaa Corporate Bond Yield shifted 16 months earlier. Reads: "Does EVRG today line up with Aaa Corporate Bond Yield 16 months from now?"
44 overlapping points at this shift
Baseline
-2%
No-shift correlation, matching the main time-series chart above.
Peak shift
+16 months
-60%
A non-zero peak suggests one series lines up better when shifted against the other.
Stability
How the correlation evolves over time. A stable line means the relationship is reliable; large swings signal regime-dependent behavior.
Do They Crash Together?
How these series behave when markets are rising, falling, or diverging. A correlation that holds in drawdowns is very different from one that only works in rallies.
Both Rising
+3%
12 periods · Return correlation when both series rose
Both Falling
N/A
4 periods · Return correlation when both series fell
Diverging
-72%
43 periods · Return correlation when series moved apart
Scatter
0
A: 0 / B: 0
Duplicates removed
0
A: 0 / B: 0
Alignment drops
1,229
A: 1 / B: 1228
Series A
EVRG
Stock · 1,254 raw → 61 prepared
Series B
Aaa Corporate Bond Yield
AAA
FRED · 1,288 raw → 1,288 prepared
Sign agreement
100.0%
How often both values share the same sign.
Zero crossings
2
Estimated crossover points between normalized spreads.
Slope
-0.0019
Linear regression slope.
Intercept
4.6905
Linear regression intercept.
Saved 5 hours ago · ID: fred-aaa_stock-evrg_5y
Explore
Top 10 by absolute correlation
Ranked across both sides of this comparison using the same dense row format as the single-symbol correlations view.